While it is expected that the transition to the goods and services tax (GST) regime could be marked by some volatility in revenue inflows of central and state governments, there is good news for the NCR government. The Delhi government's tax revenue would have been 39% higher than achieved in 2015-16 if GST was in place, according to a study by the Institute of
Chartered Accountants of India (ICAI).
In 2015-16, the Delhi government managed to collect net tax revenue of R17,369 crore. The report pegs the amount would have been R24,110 crore under GST. Unlike full-fledged states, Delhi is not entitled to a share of the Centre’s tax revenue as the NCR has a special constitutional status.